Alternative reinsurance capital

Articles discussing alternative reinsurance capital. Largely sources from third-party investors in the capital markets, alternative reinsurance capital is increasingly being leveraged by reinsurers as a cheaper cost source of risk transfer while for investors the access to reinsurance returns as an investment is growing in popularity.


Victor launches third-party capitalised syndicate 2288 at Lloyd’s

Marsh-owned specialty managing general underwriter (MGU) Victor Insurance Holdings, previously known as the Schinnerer Group, is launching a third-party capitalised syndicate at Lloyd's, which will give capital partners a way to access the returns of business underwritten by the firm.Victor is already well-known in the alternative reinsurance capital space, having read the full article →

Tremor brings $600m of capacity to place Berkley property cat renewal

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has successfully priced and placed $600 million of capacity for the property catastrophe reinsurance program renewal of carrier W. R. Berkley Corporation.W. R. Berkley first used Tremor for its 2019 property catastrophe reinsurance program placement, later taking an read the full article →

Carriers warned to expect pressure from rising reinsurance costs by A.M. Best

Primary insurance carriers are facing rising reinsurance costs and rating agency A.M. Best warns them to expect this to become an added pressure to their earnings, but not to increase their risk profiles by using less of it.While the insurance industry has been profitable in recent years and many primary read the full article →

Global Parametrics gets Hannover Re backing for new risk transfer fund

Global Parametrics, the parametric and index-based disaster risk transfer company, has launched a new natural catastrophe focused investment fund that has received backing from global reinsurance firm Hannover Re and the German government.Working with the German Federal Ministry for Economic Cooperation and Development (BMZ), the German Development Bank (KfW) and read the full article →

Best of Artemis, week ending 8th December 2019

Here are the ten most popular news articles, week ending 8th December 2019, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updatesor get our email alerts for every article we publish.Less than two read the full article →

Swiss Re finally extricates capital from closed life business, sells ReAssure

Global reinsurance firm Swiss Re has finally achieved its long-held goal of freeing up some of its capital that was locked up in its closed life insurance book consolidator and is set to sell its ReAssure business to Phoenix Group.As far back as 2011, Swiss Re regularly discussed its desire read the full article →

Reinsurers glory days are over, as dependence on ILS increases: A.M. Best

Global reinsurance market conditions are said to be improving by rating agency A.M. Best, who maintains a stable outlook on the sector, but sees traditional reinsurance capital becoming increasingly dependent on third-party sources of capacity and ILS.Insurance-linked securities (ILS) and third-party reinsurance capital are becoming increasingly important to traditional reinsurers read the full article →

Investors seek “reinsurance pricing story” (but it’s already baked into shares)

Investors in traditional reinsurance companies are anticipating that the end of year renewals will reveal a "reinsurance pricing story" and this has already been baked into share prices, meaning reinsurers that fail to hold out on rates could risk disappointing their shareholders.Analysts from Barclays say that European reinsurers, including the read the full article →

Hagibis loss creep may not emerge until after April renewal, some fear

There are fears in the market that typhoon Hagibis is going to end up repeating what was seen with last year's typhoon Jebi, with loss creep emerging after the April reinsurance renewal again, potentially to the detriment of those hoping for significant rate increases.A number of sources have said that read the full article →

Swiss Re’s reinsurance sidecar Sector Re nears $1.1bn in size

Global reinsurance company Swiss Re has significantly increased its use of alternative or third-party investor capital within its collateralised retrocessional reinsurance sidecar vehicle Sector Re Ltd., taking the vehicles total assets to close to $1.1 billion this year.In fact, Swiss Re's sidecar vehicle Sector Re has increased in size by read the full article →